Hunan Hongguang Logistic Co., Ltd acquired 100% stake in Hengyang Yihai Oils and Grains Co., Ltd. from Yihai Kerry Arawana Holdings Co., Ltd (SZSE:300999) for CNY 35 million on November 25, 2020. Hengyang Yihai Oils and Grains Co., Ltd. in connection with such disposal has changed its name to Hunan Hongguang Supply Chain Co., Ltd. Hunan Hongguang Logistic Co., Ltd completed the acquisition of 100% stake in Hengyang Yihai Oils and Grains Co., Ltd. from Yihai Kerry Arawana Holdings Co., Ltd (SZSE:300999) on November 25, 2020.